Hulu began as an interactive recording service called Calabash in 2008. It had financial struggles early on, with an $80 million shortfall in 2011, but revenue grew to $1.6 billion by 2015. Recent developments include acquiring CBS shows, plans to launch live TV streaming in 2017, and the Yahoo! View partnership. Sources of information include articles from Fortune, TechCrunch, Business Insider, and Deadline.